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Leon Cooperman - is a perfect representative of the 1 percent! on CNBC now..

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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:13 PM
Original message
Leon Cooperman - is a perfect representative of the 1 percent! on CNBC now..
Edited on Wed Nov-30-11 12:18 PM by Pachamama
The man is a living, breathing piece of shit....i can barely stand to hear what he is saying and there is a discussion of his letter to President Obama on CNBC right now....

Oh yeah, he supports Romney.....

Dont know much about him, but just listening to him I can say he ahould become the poster child of the 1 percent.....he's their Marie Antoinette.....

:grr:

On edit: he is the Chairman & CEO of Omega Advisors and formerly the head of Goldman Sachs Asset Division... I will post his interview here as soon as CNBC posts it and also his "letter to Obama".....

Ugh....listening to him made my stomach churn...
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:21 PM
Response to Original message
1. He's just as bad as the rest of them.

He's supporting corporate raider/serial firer Mitt Flop Romney as president. Classic. Is there ANY doubt why? Romney would give the predators free reign just as Bewsh (and arguably to some extent, Obama) did.

He's also a fearmonger - "disturbed by the economic direction Obama's taking this country", despite the fact that absolutely nothing at all has CHANGED since the Bewsh Admin economically.

So, yeah, not a moderate, not reasonable, just as bad as any Langone, Marcus or Welch. Firmly a heartless asshole 1%er.
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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:28 PM
Response to Reply #1
2. Yes, as bad...maybe worse because of how he puts himself out there defending their actions...
As I sit here looking up things about him, I realize what kind of role behind the scenes and on the "battefield" for the 1 percent he has done. Its really incredible actually.

His arrogance is astoundining, actually stunning. But I bet if one was to dig up more on this man, he has his tentacles behind a lot of things. If the 1 percent is a club, a mafia, this guy is one of the henchmen who is being sent out to send a warning and attack Obama.

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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 02:49 PM
Response to Reply #1
9. Here is the video clip from CNBC:
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banned from Kos Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:35 PM
Response to Original message
3. Agree - but did you hear his 9 point plan? 7 of the 9 points are extremely progressive.
http://www.institutionalinvestor.com/Article/2884101/Leon-Coopermans-Nine-Point-Presidential-Plan.html?ArticleId=2884101

"No. 6: Cooperman would also levy a 10 percent surtax for three years on individuals earning more than $500,000 per year.

No. 7: He would then institute a 5 percent value-added tax similar to the European model to rein in the underground economy and help reduce the deficit.

No. 8: Tackle health care in a serious way. He offers no specific recommendations, though.

No. 9: Last, he would ban or curtail high-frequency trading and limit the trading of credit default swaps to those that own the underlying bonds. “The high-frequency traders are turning the best capital market in the world into a casino and scaring the public,” he told his clients. “This is not in the public interest.”

Also a WPA?

Why on earth is he supporting the GOP?
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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:48 PM
Response to Reply #3
5. After listening to him speak & reading the letter to Obama & now this 9 pt plan,
Edited on Wed Nov-30-11 12:51 PM by Pachamama
...my opinion is that this 9 pt plan ( and i read all the other points) is that its a trojan horse. You listed the progressive options of the plan, but its the other points that lead me to believe those progressive points are to get Dems & Moderates to go that way and ultimately to get the other points, which are the real goals....ones such as increasing energy exploration (natural gas , tar sand...), freezing entitlements & aising retirement age for Social security etc...
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banned from Kos Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:57 PM
Response to Reply #5
6. He has a strange political donation history and supported McCain in 2008.
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stevenleser Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:38 PM
Response to Original message
4. I would argue he is the worst representative of the 1%. But I get your point. nt
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DisgustipatedinCA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 01:00 PM
Response to Original message
7. I hope he gets no more and no less than he deserves
That's the most brutal statement I could possibly make, and I very much mean it. Money can't buy everything, you know.
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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 02:46 PM
Response to Reply #7
8. I am not sure what these people deserve but I think they have been driven by greed & have a complete
...disregard for the good of the people and communities & environment. I believe their actions if not criminal should be criminal. I personally wish not any physical harm on them, but if karmically they lost it all or spent their futures in jail like Bernie Madoff. But i think that when i look at where we are at, how the current system is setbup (both corporately and government and our world banking system) that the system needs to change and laws set in place that dont allow them to do what they have done.
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